HVAC Flex
New
For Lease
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3948-3950 S Perkins Road, Memphis, TN 38118
Climate-controlled commercial space combines office accommodations with an open rear area and loading access.
Space Size3,600 SF
Days on Market3
Property Features for 3948-3950 S Perkins Road
General Information
Standard status
Active
Size
3,600 SF
Net Rentable
3,600 SF
Class
B
Property subtype
Other Special Purpose
Lease Type
Modified Gross
Space & Availability
Available Space
3,600 SF
Contiguous Space
3,600 SF
Space Use
Flex
Additional Details
Lease Rate
$8
Dock-High Doors
1
Building Details
Building Size
3,600 SF
Spaces For Lease
at 3948-3950 S Perkins Road Contact us- Size
- 3,600 SF
- Lease Type
- Modified Gross
3948-3950 S Perkins Road
Listing Agency:
NAI | Saig Company
Listed By:
Brian Califf · License ##299669
(901) 526-3100
Source:
Thebrokerlist
Added: Sep 1
Last Checked: Sep 2 at 1:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI | Saig Company
Investment Insights
Based on property information with market context.
This 3,600 SF flex space is configured for office and operational use, with eight offices, two private restrooms, and a substantial open area at the rear. The premises are fully served by HVAC and include a dock door for loading access.
The property is located on S Perkins Road in Memphis, near Highway 70 and across from the Mid-South Food Bank. Its combination of enclosed offices, conditioned space, and rear loading functionality provides a practical flex-space layout.
The property is located on S Perkins Road in Memphis, near Highway 70 and across from the Mid-South Food Bank. Its combination of enclosed offices, conditioned space, and rear loading functionality provides a practical flex-space layout.
Key Highlights
- 3,600 SF flex space
- 100% HVAC coverage
- 1 dock door for loading access
Property Analytics
Current Use
Lease Details
1
Dock-high doors
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 38118, TN
39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
Median Home Value
Market
Lease Benchmarks for Memphis, TN
$10.49 /SF/Yr
Avg Asking Price
$7.5–$13.93 /SF/Yr
Price Range
19,543 SF
Avg Space Size
This space is priced 24% below the average of $10.49 /SF/Yr.
Vacancy Rate% for Office in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Climate-controlled commercial space combines office accommodations with an open rear area and loading access.
Where is this flex space located?
The property is located at 3948-3950 S Perkins Road Memphis, TN.
What are key features of this property?
This property features: 3,600 SF flex space; 100% HVAC coverage; 1 dock door for loading access
